After a very strong 4th quarter for stocks, it looks like 2023 is getting started right where they left off.

But this time, it's the Nasdaq that's leading the way.

It's the weekly commodity edition of What the FICC?

Every day we have the choice to either follow the news or follow trends. I choose the latter...

Check it out!

From the Desk of Kimmy Sokoloff

This is the third Friday in a row that we've had a melt-up.

We closed the gaps on the indices, and away we went.

From the Desk of Willie Delwiche.

Firms are still hiring but with average weekly hours being curtailed, aggregate hours...

The most significant transaction on today’s Hot List is a Form 4 filing from Brent Baird.

Baird disclosed a purchase of 11,661 shares of Servotronics Inc $SVT, equivalent to $130,671.

From the Desk of Kimmy Sokoloff

Currently, $SPY is in a trading range between 391.20 and 386.

We can base more before the next move occurs.

A funny thing happened last summer.

Financials as a sector successfully retested the highs in price from just before the start of the Great Financial Crisis.

It's the weekly bond edition of What the FICC?

The relative strength of Emerging Market bonds shores up the ongoing bottoming process for risk assets.

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I got a lot of feedback on my last letter where I suggested active traders need to stop trading Covered Call spreads for tactical trades and instead do a simple Naked Puts trade.

Thank you to everyone who engaged.

Anyway, here’s one...

From the Desk of Kimmy Sokoloff

It was very whippy price action today in individual names.

We saw a lot of stop outs in the morning, then some recovery later...

Forget cryptocurrencies. Look at these crypto stocks!

Seriously, some of these moves have been nuts.

We took a small long in MicroStrategy $MSTR at the lows, and it hit our 50...